China gets involved in tea wars brewing up in the Himalayas
Chinese tea buyers have disrupted a heated trade dispute between Nepal and India, which has led to the introduction…
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Shein profits more than double to $2bn before planned listing
Shein, an online fast-fashion company, has seen its profit more than double as it waits for Beijing's approval to…
Flutter, the owner of Paddy Power, hopes that the US listing will attract retail…
As Paddy Power prepares to move its primary listing to New York, the Paddy Power owner wants to convert its rapidly…
Sequoia’s Indian former arm benefits from investors who move money out of…
The former head of Sequoia Capital’s India unit said that the country was getting a “huge” boost as investors moved…
Rheinmetall Chief urges Europe to develop defence technology champions
The head of Germany's biggest military contractor Rheinmetall has called on European countries to abandon their…
How Gulf States are investing their money in mining
In 2023, Rothschild Bankers who worked for the Zambian government were nearing completion of a shortlist for buyers…
Hong Kong’s port is losing ground as exporters shift to mainland China
Hong Kong is losing out to competitors in south-east Asia and mainland China in terms of seaborne cargo volume.…
Demis Hassabis, DeepMind CEO, warns that huge AI funding can lead to grifting and…
According to Sir Demis Hassabis of DeepMind, the surge in money flowing into artificial intelligence is creating a…
Report: AI “apocalypse” could cost UK jobs of 8m.
A report warns that automation could lead to the loss of 8 million UK jobs. This is a "jobs-apocalypse" for women,…
Why Ocado could become a tech giant if it is listed in New York
If the grocery store can break free from its UK roots, a lucrative future awaits.
Tim Steiner, Ocado's chief…
Morrisons’ losses mount amid debt finance pressures
Morrisons reported widening losses for the first quarter, after being weighed down with debt financing costs…
IFS warns that Scotland will face a much larger deficit than the rest of the UK as…
IFS warns that the decline in North Sea revenue will cause a shortfall of up to £4,100 per person.
The…
Short sellers flock to Fortnox, a Swedish software company that is on the rise.
Tommy Eklund, Fortnox's CEO, has redefined the technology industry in a way that few other chief executives have.…
Bank of England warns that private equity binge could trigger financial crisis
The Bank of England warned that the private equity industry poses a threat to financial stability, as it launched a…
UBS sells $8bn in loans to Apollo
UBS agreed to sell loans worth $8bn to private capital group Apollo as it wind down its investment bank related to…
Formula One owner closes on €4bn MotoGP deal
According to sources familiar with the situation, Formula One owner Liberty Media has exclusive negotiations to…
Baltimore Bridge collapse: Carmakers and insurance companies prepare for the…
After the collapse of the Francis Scott Key Bridge in Baltimore, carmakers have announced that they will be…
Shein is close to announcing London IPO reports
Shein will announce in the next few days that the London Stock Exchange is the destination of its initial public…